Del. High Court Seeks Input On AIG Claims Against PwC

Law360, New York (March 5, 2010, 4:48 PM EST) -- Grappling with an appeal in shareholder derivative litigation against American International Group Inc., the Delaware Supreme Court has asked New York's highest court to clarify if AIG can in fact sue PricewaterhouseCoopers LLP for failing to detect the alleged fraud by AIG's top brass.

In an encouraging swing for the plaintiffs, Justice Randy J. Holland of the Delaware Supreme Court turned to the New York Court of Appeals on Wednesday to resolve shareholders’ challenge to a ruling that barred derivative claims against PricewaterhouseCoopers under the doctrine...